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John Devaney | He Lost $200 Million in 2008...Then Made It All Back

John Devaney | He Lost $200 Million in 2008...Then Made It All Back

He was poor, went broke, and still made $90K on his first deal. By 28, John Devaney bought a brokerage firm and turned it into a money-printing machine: $5M in year one, $25M in year two, $45M in year three. At the peak, his firm was making $110M in p...

School of Hard Knocks Podcast

July 21, 202547m 50s

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Show Notes

He was poor, went broke, and still made $90K on his first deal. By 28, John Devaney bought a brokerage firm and turned it into a money-printing machine: $5M in year one, $25M in year two, $45M in year three. At the peak, his firm was making $110M in pure profit. Then 2008 wiped him out. He lost over $200M… and came back swinging. In this episode, John breaks down how he rebuilt from zero, launched a $200M fund, and pulled off 100%+ returns in the most brutal bond markets. Today, he’s not just killing it in finance, he’s producing films with a mission. This is what happens when you bet big, get crushed, and don’t quit.


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Topics

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